Crypto Platform and Traditional Bank Expand Institutional Prime Services Partnership

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Source: CryptoNewsNet Original Title: Standard Chartered, Coinbase Expand Crypto Prime Services for Institutions Original Link: https://cryptonews.net/news/market/32126251/ Cryptocurrency exchange (某合规平台) and crypto-friendly bank Standard Chartered announced they expanded a partnership on digital assets to explore the development of trading, prime services, custody, staking and lending products for institutional clients.

The deal builds on the existing tie-up between the two companies in Singapore, where Standard Chartered provides banking connectivity that enables real-time Singapore dollar transfers for customers, according to recent announcements.

Crypto platforms are becoming more of a trusted name among institutions, including banks, as time goes on, not least with recent developments showing that major financial institutions are bringing their deposit tokens to layer-2 blockchains.

“We aim to explore how the two organisations can support secure, transparent and interoperable solutions that meet the highest standards of security and compliance,” said a spokesperson from Standard Chartered’s global head of financing and securities services.

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PanicSellervip
· 12h ago
Optimistic about this direction, traditional finance entering the market is a signal.
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BearMarketMonkvip
· 12h ago
The established bank has finally responded, teaming up with Coinbase for real?
View OriginalReply0
NFTDreamervip
· 12h ago
Traditional finance and crypto are truly becoming more intertwined. It's still uncertain how much this wave of cooperation will attract institutional participation.
View OriginalReply0
GetRichLeekvip
· 12h ago
Hmm... Is Standard Chartered about to exit? Feels a bit late. Can this wave be fully copied?
View OriginalReply0
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